24-Residential Unit for Sale FOR SALE


Allentown, PA - City Center
$8,000,000 USD
610-730-8159
, Allentown, PA for Sale
$8,000,000 USD
FOR SALE
1/11
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24-Residential Unit for Sale
Allentown, PA
City Center


HIGHLIGHTS

  • 0.5 acre redevelopment site for sale
  • Opportunity Zone which qualifies for special loans and financing

OVERVIEW

Join the downtown redevelopment revolution. Approximately .5 acre redevelopment site for sale. Additional lots can purchased for a total of .75 acres. Proposed 10 story parking deck going up next door. Developer could potentially partner with Allentown Parking Authority and lease decks for parking. Property is in the Opportunity Zone which qualifies for special loans and financing. Over 250 new upscale apartments finished 1/2 block away. Property currently generates income from 24 units of approximately $255,000. Property will generate over $335,000 proforma. Please call agent/owner for details and more information. Seller is a PA Realtor.

ASK ABOUT THIS PROPERTY

Scott SolazzoAddison Wolfe Real EstateMore Info
610-730-8159

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Scott SolazzoAddison Wolfe Real EstateMore Info
610-730-8159

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.